Capital

Journal Entry For Building Improvements

Usama Kadiwal / 20/07/2024

Capitalizing Building Improvements Let’s assume Company A makes improvements to its building, costing ₹5,00,000 on 01-07-2024. The improvements are expected […]

Capital

Capital Lease Accounting Journal Entries

Usama Kadiwal / 19/07/2024

Capital lease accounting journal entries is Machinery Account Debit and Lease Liability Account Credit, and second entry is Interest Expense

Capital

Internal Reconstruction Journal Entries

Usama Kadiwal / 07/07/2024

Here is a described with example of internal reconstruction journal entries. Internal reconstruction is a process undertaken by a company

Capital

Journal Entry For Drawings For Personal Use

Usama Kadiwal / 01/07/2024

Journal Entry For Drawings For Personal Use is Debit the Drawings account which is a reduced Capital and credit the